11 Customers Receive Awards at PurchasingNet's Client Forum 2008

April 11, 2008 –The 24^th Annual PurchasingNet Client Forum was held March 9-11 in Las Vegas, Nevada. Eleven PurchasingNet Customers received Client of the Year Awards at the Forum. PurchasingNet President & CEO, Tim McEneny, recognized the following companies at a ceremony on Monday, March 8^th at the Rio All-Suite Hotel & Casino:

Senior executives from four award-winning customers, XM Satellite Radio, EarthLink, ExpressJet, and U.S. Bancorp, participated in a Panel Discussion on "The Convergence of the Fiscal Supply Chain with the Physical Supply Chain," moderated by Andrew Reese, Editor, Supply & Demand Chain Executive Magazine. All attendees took part in the Forum's annual Brainstorming Session, where customers create, prioritize, and vote on suggested product enhancements.

"Our Client Forum 2008 was a huge success. Our Client of the Year Award winners have been instrumental in helping us develop a great Procure-to-Pay software solution," states Tim McEneny, President & CEO, PurchasingNet, Inc.

PurchasingNet, Inc. (www.PurchasingNet.com) is a leading provider of Web-based eProcurement and ePayables software to mid- and large-sized companies. The company has over 1,400 customers in Financial Services, Retail/Consumer Products, Professional Services, Media/Publishing, and a variety of other industries.

Founded in 1983, PurchasingNet has focused exclusively on the development and implementation of Procurement and Payables applications since inception. In addition to building an extensive, blue-chip client base, PurchasingNet possesses deep domain expertise in Purchasing and Payables business processes. The average length of service at PurchasingNet is 8 years per employee.

PurchasingNet's customers include US Bank, Navy Federal Credit Union, American Financial Group, Liz Claiborne, HBO, EarthLink, XM Satellite Radio, Black & Decker, Kroger, and General Mills.